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04/2022

CYBEM MECHANICAL SERVICES acquired by AQUIRIAN

AUSTRALIA Facility Management / Maintenance EV 0M - 15M AUD

Context

Aquirian Limited has entered into a binding agreement to acquire the business and assets of Cybem Mechanical Services for an enterprise value of A$3 million. The acquisition is a key step in Aquirian’s strategy to position itself as a leading provider of equipment and technical services. The transaction was fully debt-funded through a new facility with National Australia Bank (NAB). The strategic rationale for the deal includes enhancing Aquirian’s maintenance capacity to support its rental fleet and introducing fully maintained equipment offerings in Western Australia. By integrating Cybem’s experienced leadership and workshop facilities, Aquirian secures in-house expertise to manage asset rebuilds and combat market resource shortages. The acquisition is highly accretive, expected to increase earnings per share by more than 20%.

CYBEM MECHANICAL SERVICES, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Business Services sector (11.4x).

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Target

Founded in 2005, Cybem Mechanical Services is a trusted provider of on-site labor support, field service, and mechanical repair services within the Western Australian equipment market. The company specializes in maintenance solutions for heavy machinery, leveraging management and operational teams with extensive Original Equipment Manufacturer (OEM) and on-site process experience. Cybem's value proposition is centered on its strategic workshop facilities and internal asset rebuild capabilities, which ensure high equipment availability for mining and industrial clients. Its business model focuses on long-term service relationships and technical expertise in a tightening market for skilled maintenance resources. By providing industry-recognized maintenance capability, Cybem serves as a critical partner for firms looking to optimize the lifespan and performance of their heavy equipment fleets.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (AUD)

Year
Rev
EBITDA
EBIT
2021
2020

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REFERENCES

Valuation range: EV 0M - 15M AUD

Revenue range: 5M - 25M AUD

EBITDA range: 0M - 5M AUD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CYBEM MECHANICAL SERVICES by AQUIRIAN are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.